Willie Walsh, chief executive of IAG.
The Government needs to get its act together to make Britain attractive to the Chinese or we will continue to lose out on the economic benefits that they can bring to the UK. This is even more critical at a time when we need to ensure we can trade effectively post Brexit”, said Willie Walsh, chief executive of IAG.
International Airlines Group (IAG) has criticised a year’s delay in introducing a 10 year visa for Chinese visitors that would drive business and create jobs. The plan was announced in October 2015 during the Chinese state visit to the UK.
Willie Walsh, chief executive of IAG, said: “The UK export market to China was worth nearly £13 billion in 2015. China is the world’s second largest economy and we need to do all we can to encourage these trade links. Making it easier for Chinese businesses and tourists to come to Britain is key to that.”
“It’s a missed opportunity that the trial launched a year ago, has still not begun. The US already has a standard 10 year visa which costs around £100 while Britain’s costs £800. The Government needs to match its rhetoric on China with action.”
In 2015, the top European destinations for Chinese visitors were France (733,328*) and Italy (524,929*) while 491,000** came to the UK. According to the Government’s figures each Chinese visitor to the UK in 2015 spent £2,174 on average – more than twice the outlay of Americans.
Willie Walsh continued: “It’s not surprising the UK is significantly behind France and Italy in terms of Chinese visitors. They are generous spenders so this hits our retail and hotel sectors hard. Streamlined processes and lower charges must be put in place to make the current visa system fit for purpose. The Government needs to get its act together to make Britain attractive to the Chinese or we will continue to lose out on the economic benefits that they can bring to the UK. This is even more critical at a time when we need to ensure we can trade effectively post Brexit”.
(*) Data supplied by the European Commission for Schengen countries.
(**) UKVI data based on number of visas issued.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
